Logistics Viewpoints

JANUARY 6, 2025

For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. Where and how often, for example, did a buyer deviate from the happy path? For example, once a PO is confirmed, a tender to carriers should occur within 24 hours?

Supply Chain Transformation 304

Supply Chain Transformation Supply Chain Software Purchasing Training Buyer Training 304

Logistics Viewpoints

NOVEMBER 26, 2024

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.

Resource Reduction 297

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 297

Logistics Viewpoints

OCTOBER 18, 2024

For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December. All of these factors can fluctuate from one year to the next. The UK treasury collects over £6 billion annually from duty and VAT on wine.

Price Reduction 297

Price Reduction Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 297

Logistics Viewpoints

NOVEMBER 27, 2024

For example, coordinating inventory management systems with demand forecasting tools. • Real-World Examples of OSI-Inspired Supply Chain Interoperability 1. . • Key Consideration: Implementing blockchain technology for traceability and ensuring tamper-proof delivery records.

Modeling Software 328

Modeling Software Supply Chain Planning Software Modeling Supply Chain Design Software 328

Supply Chain Shaman

JANUARY 7, 2025

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? Align the organization in 2025 to a balanced scorecard of growth, operating margin, inventory turns, ROCE, and order fulfillment. You are right.

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

Logistics Viewpoints

JUNE 5, 2025

For example, Amazon uses AI to optimize delivery logistics. During the 2024 holiday season, it reduced unnecessary package movement and shortened delivery distances by leveraging AI to strategically position inventory closer to customer locations. Walmart has implemented AI to enhance inventory forecasting.

Supply Chain Design Software 155

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 155

Logistics Viewpoints

NOVEMBER 4, 2024

We are no longer just forecasting demand but also when trucks and factory machinery are likely to break down ( predictive maintenance ), the optimal amount of inventory to hold and where it should be held ( inventory optimization) , and labor forecasting in the warehouse. The humans label the pictures as dog, not dog, or unclear.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 312

Logistics Viewpoints

OCTOBER 24, 2024

For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration. The transactions are captured in the platform, eliminating “he said, she said” type arguments.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

RFgen

FEBRUARY 25, 2025

Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

Logistics Viewpoints

MARCH 27, 2025

More broadly, AI can be deployed across functions to shift inventory, switch transportation modes, find new carriers, communicate across functions and regions with customers and partners, and otherwise deliver a smart, collaborative response. For most supply chain and logistics teams, their execution options are not limitless.

Supply Chain Planning Software 332

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 332

Logistics Viewpoints

NOVEMBER 20, 2024

Patagonia serves as an excellent example of this approach, incorporating recycled materials into its products and offering repair services to minimize waste while maintaining a strong brand commitment to sustainability. This pillar is about creating value, reducing risks, and positioning the organization for long-term success.

Waste Reduction 303

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 303

Logistics Viewpoints

OCTOBER 17, 2024

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. This can help identify potential disruptions early and improve decision-making capabilities, particularly in Purchase Order, Forecast, Inventory and Quality related processes.

Manufacturing Procurement 298

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 298

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. Thats where data-driven decision-making comes in!

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Precoro

MAY 13, 2025

  In this guide, we’ll explore what cost efficiency is, examples, and best practices on how cost efficiency can make your company more competitive and profitable in today's fast-paced economy. Example of cost efficiency A TechRepair Company operates two service plans: Plan A costs $6,000 monthly and services 1,200 devices.

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

Logistics Viewpoints

MAY 29, 2025

His keynote address highlighted the company’s recent accomplishments, such as the introduction of a new inventory planning solution, substantial investments in research and development, and advancements in artificial intelligence. Management Layer Oversees goods receipts, inventory, and other related tasks.

Supply Chain Planning Software 212

Supply Chain Planning Software Demand Planning Software Optimization Software Supply Chain Software 212

Logistics Viewpoints

JANUARY 29, 2025

For example, if a promotion plan has not been correctly modeled for the warehouse, there may not be enough storage capacity, dock doors, or workers to execute the days work. Manhattans Omnichannel solutions provide an operating platform for digital commerce, retailers, and wholesale businesses.

Supply Chain Planning Software 234

Supply Chain Planning Software Optimization Software Forecasting Software Modeling Software 234

Logistics Viewpoints

NOVEMBER 18, 2024

For example, at one point, they modeled Brazil and factored tariffs and tax considerations into the total landed costs analysis. Interestingly, the inventory analysis often shows that for slow-moving products, centralizing those SKUs in a central storage location increases reliability despite the increase in lead times.

Supply Chain Design Software 306

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 306

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Customer behavior: Real-time insights into customer orders, inventory levels, and distribution channels clarify short-term demand. Short-term signals, like customer orders or inventory levels, work better for weekly demand-sensing.

Supply and Demand 194

Supply and Demand Modeling Supply Chain Planning Software Demand Planning Software 194

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Take Shamir Optical , for example: by automating planning decisions, they scaled operations across 20 locations each with 35,000 SKUswithout adding to their team of just three planners.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Take Shamir Optical , for example: by automating planning decisions, they scaled operations across 20 locations each with 35,000 SKUswithout adding to their team of just three planners.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Supply Chain Shaman

MAY 12, 2025

For example, you cannot control governmental policy. I give these three scenarios as examples. For example, don’t focus on forecast error. Design your supply chain with a focus on the form and function of inventory. These are areas that you cannot control or influence. You may not agree with me.

Modeling 221

Modeling Waste Reduction Supply Chain Planning Software Supply Chain Design Software 221

Logistics Viewpoints

APRIL 10, 2025

Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. Technologyparticularly AIis playing a central role in enabling this shift.

Optimal Sourcing 218

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 218

Logistics Viewpoints

MARCH 6, 2025

Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. For example, U.S.-based They may be able to shave 15% off their costs and dodge a tariff bullet. What Is Agile Procurement? Agile procurement is your lifeline.

Price Reduction 216

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 216

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. I advised John to ask for help to improve inventory health.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 388

ShipBob

APRIL 9, 2025

From receiving and storing inventory to picking, packing, and shipping orders, there are critical functions that occur within the warehouse that keep your supply chain running smoothly. Ecommerce businesses must navigate a complex web of processes, from receiving and storing inventory to picking, packing, and shipping orders.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

Modeling 317

Modeling Network Optimization Supply Chain Design Software Material Savings 317

Logistics Viewpoints

JUNE 3, 2025

These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization.

Optimal Sourcing 155

Optimal Sourcing Optimization Software Sourcing Strategies Price Mitigation Strategies 155

Precoro

JUNE 3, 2025

How to establish a category management system Examples of categories and strategies Why category management in procurement matters How Precoro can help you establish a category management system Frequently asked questions about category management services What is category management? Read on to learn: What is category management?

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

ToolsGroup

MARCH 3, 2025

Thats why we champion a hybrid approachone that integrates probabilistic forecasting with machine learning to deliver more accurate demand predictions and optimize inventory levels in supply chain operations. A strong statistical foundation is essential to navigate the inherent unpredictability of demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

Logistics Viewpoints

APRIL 12, 2023

For example, instead of traditional longitude latitude coordinates, electric power distribution companies often use approaches such as linear referencing and network connectivity to describe asset context and attributes. For example, SMECO wanted RFID capabilities to track the movement of high-value items as they entered and exited the yard.

Maryland 333

Maryland Warehousing Supply Chain Network Software Inventory Management Software 333

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. Here are some additional examples: Hands-free processes?

Supply Chain Software 419

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 419

ToolsGroup

MARCH 25, 2025

Even more impressive, lost sales due to stockouts can decrease by up to 65%, while inventory reductions of 20% to 50% are possible. This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 420

Supply Chain Planning Software Forecasting Forecasting Software Modeling 420

Supply Chain Shaman

DECEMBER 7, 2023

Let me give you an example. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health.

Supply Chain Design Software 397

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 397

Logistics Viewpoints

FEBRUARY 20, 2023

For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. But now we are seeing an entirely new type of services firm in the supply chain world – a service provider that does the planning and takes ownership of the inventory. The right IT is critical.

Supply Chain Planning Software 298

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 298